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  • 40plus's Avatar
    Yesterday, 11:31 PM
    So Bultn, you want a stupid, drunken greedy thief hanging around the vault with murders, pedos, satanists, liars and every form of viper...for the good of America...or Amirika?
    616 replies | 38878 view(s)
  • Wolverine's Avatar
    Yesterday, 06:38 PM
    ...only an "idiot" does not have sufficient grey matter to differentiate between arrests and convictions versus 30+ year old unsubstantiated and uncorroborated made up allegations
    616 replies | 38878 view(s)
  • bultn's Avatar
    Yesterday, 07:39 AM
    Maybe because burglary is because of greed, DWI is because of stupidity, but RAPE is because you are a really dangerous and awful person... Only an idiot like you think that they all are the same...
    616 replies | 38878 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 12:40 AM
    Kuwait Energy has announces that the Royal Court of Jersey has approved the acquisition of the company by Gold Cheers Corporation Limited, a wholly-owned subsidiary of United Energy Group Limited (UEG), by means of a scheme of arrangement. The consideration to be paid under the transaction will be US$477,248,630.20 which equates to a per share price of US$1.46400797821. Completion of the acquisition remains subject to delivery of the Act of Court sanctioning the Scheme to the Registrar of Companies in Jersey. This is expected to occur on or before 22 March 2019 (the “Effective Date”), at which time the Scheme will become effective. Payments to shareholders should be dispatched within 14 days of the Effective Date, as detailed in the scheme document dated 15 November 2018 relating to the Scheme. In Iraq, Kuwait Energy has interests in the Mansuriya, Siba, and Block 9 fields. (Source: Kuwait Energy) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 12:40 AM
    By John Lee. A ferry on Tigris River near Mosul sank on Thursday afternoon, leaving at least 93 dead.According to Xinhua, the ferry capsized because of “high water levels” while crossing from the bank of the river to a small tourist island called Um al Rabeein. It cites a civil defense source as saying that the ferryboat, owned by a tourism office, was overloaded with more than 100 people, while being designed to carry just 30 people. Prime Minister Adil Abd Al-Mahdi has declared official mourning all over Iraq, embassies, consulates in and out the country for three days. (Source: Xinhua) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • Wolverine's Avatar
    03-21-2019, 03:02 PM
    616 replies | 38878 view(s)
  • Investors Iraq News's Avatar
    03-21-2019, 01:05 PM
    IBBC Spring Conference 2019Iraq – Financing a Modern Economy*10 April, The Mansion House, LondonThe Iraq Britain Business Council (IBBC) invites you to attend its Ninth Annual Conference at the Mansion House on the 10th of April. This year’s conference is organised in partnership with the Central Bank of Iraq and the Iraqi Private Banking League. With a strong focus on the Iraqi banking sector, two sessions of the conference will be devoted to financial sector issues. Other areas will focus on building human capital in the public and private sector and on oil & gas. Christophe Michels, Managing Director of IBBC states: “The security situation in Iraq is now much improved, with a new Government in place that has a clear mandate from the people to improve governance and to provide important basic utilities. IBBC is the Iraqi Governments private sector partner of choice for developing the private sector in Iraq. We firmly believe that only private enterprise can meet the challenges facing Iraq by developing a modern economy”. H.E. Dr Fuad Hussein, Deputy Prime Minister and Minister of Finance will lead a high level delegation alongside*Dr Mehdi Al Alak, Secretary General of the Council of Ministers, officials from the*Central Bank of Iraq, a delegation from the*Iraq Private Banks League and the Governors of Erbil, Sulamania and Karbala. A large delegation of Iraqi Businessmen from all governorates of the country will also be in attendance. Round-table discussions*will take place with Iraqi officials, including the Iraqi Governors, where delegates can engage in concentrated debates on country specific issues. As well as specific round-tables on Tech in Iraq and Women’s Group. Dr Mehdi Al Alak, Secretary General of the Council of Ministers will present a paper on ‘Private Sector Development and Investment in Iraq‘. Delegates will receive an exclusive insight into the Government’s planned measures and strategies to realise this ambition. There will also be special presentations by the Central Bank of Iraq and Basra Gas Company. Dr Renad Mansour, Research Fellow at Chatham House and the preeminent voice on Iraq in the UK is publishing a briefing paper specifically for the IBBC conference, discussing the short to medium term economic and political outlook for Iraq. Baroness Nicholson of Winterbourne, President of IBBC and the Prime Minister’s Trade Envoy to Iraq, Azerbaijan, Turkmenistan & Kazakhstan will open the conference, alongside The Lord Mayor Locum Tenens, H.E. Dr Fuad Hussein, Deputy Prime Minister, Minister of Finance, Jon Wilks CMG, Her Majesty’s Ambassador to Iraq and Louis Taylor, Chief Executive of UK Export Finance (UKEF). Conference Sessions & Speakers* The Banking Sector in Iraq Chair: Gavin Wishart, Shire Oak International Panellists: Dr Mazen Sabeh Ahmed,*Central Bank of Iraq;*Mohammed Delaimy, Standard Chartered Bank;*UK Export Finance (UKEF);*Ali Tariq Mostaf, Iraq Private Banking League; Richard Wilkins, JP Morgan Stock Marker & Investment Opportunities Chair: John Kemkers, Eversheds Sutherland (tbc) Panellists:*Shwan Ibrahim Taham, Iraqi Stock Exchange;*Dr Alaa Abdel Hussein Al Saadi, Iraqi Securities Commission; London Stock Exchange (tbc) Oil & Gas Chair: Prof. Frank Gunter, Lehigh University Panellists:*Dr Mark Wharton, Shell;*Lawrence Coleman BP;*Bob Dastmalchi, Chevron Capacity Building in Iraq Chair: Ambassador Stuart Jones, Bechtel Panellists: Dr Renad Mansour,*Chatham House; Prof. Mohammed Al-Uzri,*University of Leicester;*Samer Al Mafraji, AMS Iraq Dr Mai Yamani will be presenting the closing remarks for this important event. Join IBBC, its members and the international business and finance community for a full agenda of expert speakers, UK & Iraqi politicians and many networking and business development opportunities. You can register and purchase tickets via the IBBC website: https://www.iraqbritainbusiness.org/event/spring-conference-at-the-mansion-house The conference is being generously supported and sponsored by Shell, Rolls-Royce, Standard Chartered Bank and Eversheds Sutherland. For more information email*london@webuildiraq.org*or telephone 020 7222 7100. (Source: IBBC) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • BatmaninIraq's Avatar
    03-21-2019, 09:24 AM
    “I-Dinar” the first electronic platform for the Islamic exchange of digital currency. On the sidelines of the 5th International Islamic Finance Conference, the first Islamic platform for the exchange of gold-backed digital currency, I-DINAR, was launched in Doha today. The I-Din platform is an electronic symbol based on the exchange of digital currency. Its initial value of one dinar is supported against one gram of gold, It states one I dinar is valued at one gram of gold. It takes 28.35 grams to equal an ounce. Let’s say an ounce of gold is 1320.00. Divide 1320 by 28.35 you get 46.56 per gram. Doesn’t have to be 100% backed in fact my understanding is that BASEL III is 6% x 46.56 = USD2.79 each dinar worth?
    0 replies | 102 view(s)
  • BatmaninIraq's Avatar
    03-20-2019, 10:04 AM
    Parliamentary Finance intends to develop mechanisms to maintain the stability of the dinar exchange rate 20-03-2019 08:06 AM Number of readings: Agency of the orbit - Baghdad The member of the Finance Committee of Parliament Abdul Hadi al-Saadawi, on Wednesday, the intention of his committee to develop mechanisms to change the financial funds to raise the dinar exchange rate and maintain the stability of inflation. "The committee will move during the current legislative term to change the fiscal and monetary policy in the country in general," Saadawi said in a statement exclusive to the newspaper / Al-Sabah and the official / Al-Madar said that "the committee is meeting with officials of the Central Bank to discuss this change during Next stage '. He added that 'the financial Parliament is keen to enact the law of financial administration as it gives a complete road map of the financial policy in the country in terms of management of money and cash in the state', indicating that 'the change will raise the exchange rate of the Iraqi dinar against foreign currencies while maintaining the stability of inflation in the country '. "The Commission is determined to make these changes during the next phase and not to follow the traditional methods are not appropriate at the moment
    12 replies | 1633 view(s)
  • Investors Iraq News's Avatar
    03-20-2019, 09:45 AM
    By John Lee. Shares in Genel Energy were trading down four percent on Wednesday morning after the company announced its audited results for the year ended 31 December 2018, in which it wrote down its Miran asset by $424 million. Despite this, Genel says it can now initiate “a material and sustainable dividend policy“, with payments starting in 2020. The company’s shares are up 17 percent since the start of the year. Murat Özgül, Chief Executive of Genel, said: “Genel’s strategy at the start of 2018 was clear – generate material free cash flow from producing assets, build and invest in a rich funnel of transformational development opportunities, and return capital to shareholders at the appropriate time. We are delivering on this strategy. “2018 was another year of material free cash flow generation, we continued to transform our balance sheet and the addition of assets with the potential of Sarta and Qara Dagh led to a very successful delivery on the first two parts of our strategy. We will continue to develop opportunities and invest ingrowth. As we do so, a robust cash flow outlook and our confidence in Genel’s future prospects underpins our initiation of a material and sustainable dividend policy.“ Results summary ($ million unless stated) 2018 2017 Production (bopd, working interest) 33,700 35,200 Revenue 355.1 228.9 EBITDAX1 304.1 475.5 * Depreciation and amortisation (136.2) (117.4) * Exploration credit / (expense) 1.5 (1.9) * Impairment of property, plant and equipment – (58.2) * Impairment of intangible assets (424.0) – Operating (loss) / profit (254.6) 298.0 Cash flow from operating activities 299.2 221.0 Capital expenditure 95.5 94.1 Free cash flow2 164.2 99.1 Cash3 334.3 162.0 Total debt 300.0 300.0 Net cash / (debt)4 37.0 (134.8) Basic EPS (¢ per share) (101.6) 97.1 Underlying EPS (¢ per share)5 109.0 65.1 EBITDAX is operating profit / (loss) adjusted for the add back of depreciation and amortisation ($136.2 million), exploration credit ($1.5 million) and impairment of intangible assets ($424.0 million) Free cash flow is net cash generated from operating activities less cash outflow due to purchase of intangible assets ($39.7 million), purchase of property, plant and equipment ($65.3 million) and interest paid ($30.0 million) Cash reported at 31 December 2018 excludes $10.0 million of restricted cash Reported cash less ($334.3 million) less reported balance sheet debt ($297.3 million) EBITDAX less net gain arising from the Receivable Settlement Agreement (‘RSA’) divided by the weighted average number of ordinary shares Highlights $335 million of cash proceeds were received in 2018 (2017: $263 million) Strong cash flow generation, with free cash flow totalling $164 million in 2018 (2017: $99 million), an increase of 66% Financial strength continues to increase,with unrestricted cash balances at 28 February 2019 of $378 million, andnet cash at $81 million Addition of Sarta and Qara Dagh to the portfolio in 2019 brings further near-term production and material growth potential Increase in 1P and 2P reserves as of 31 December 2018 to 99 MMbbls (31 December 2017: 97 MMbbls) and 155 MMbbls (31 December 2017: 150 MMbbls) respectively, including Sarta As disclosed in our trading statement, the carrying value of the Miran licence has been under review. Due to the focus on the development of Bina Bawi, while Genel continues to see significant opportunity in the licence, this has resulted in an accounting impairment to the carrying value Outlook Production guidance maintained – net*production during 2019*is expected to*be*close to Q4 2018 levels of 36,900 bopd, an increase of c.10% year-on-year Capital expenditure guidance updated to include spend on Sarta and Qara Dagh, with net capital expenditure now forecast*to*be*$150-170*million (from c.$115*million) Opex and G&A guidance unchanged at*c.$30*million and c.$20*million respectively Genel expects to generate material free cash flow of over $100 million in*2019, inclusive of investment in Sarta and Qara Dagh Given the strong free cash flow forecast of the business, even after investment in growth opportunities, Genel is initiating a material and sustainable dividend policy The Company intends to pay a minimum dividend of $40 million per annum starting in 2020, with the intention for this to grow The dividend will be split between an interim and final dividend, to be paid one-third/two-thirds The Company is set to approach bondholders to request a temporary waiver of the dividend restriction, which limits dividends to 50% of annual net profit, in relation to accelerating the start of distribution to 2019 The Company continues to*actively*pursue growth and*appraise opportunities to make value-accretive additions to the portfolio More details – 40 pages of them! – here. (Sources: Genel Energy, Yahoo!) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • BatmaninIraq's Avatar
    03-20-2019, 07:59 AM
    Some guru's saying coins are not ready, batman knows it is coming...
    1 replies | 214 view(s)
  • Investors Iraq News's Avatar
    03-20-2019, 12:11 AM
    By John Lee. The Trump administration has reportedly granted Iraq a further 90-day extension to the waiver exempting it from US sanctions on Iran. CNBC quotes a senior State Department official as saying on condition of anonymity: “While this waiver is intended to help Iraq mitigate energy shortages, we continue to discuss our Iran-related sanctions with our partners in Iraq.” According to some energy analysts, without continued sanctions exemptions, Iraq could lose more than a third of its power overnight. More here. (Source: CNBC) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • Investors Iraq News's Avatar
    03-20-2019, 12:11 AM
    By John Lee. A Turkish airline will start new services from Diyarbakir and Gaziantep to Erbil from 21st March. AnadoluJet, a subsidiary of Turkish Airlines, plans to offer three flights per week to each location. (Source: AnadoluJet) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • Investors Iraq News's Avatar
    03-20-2019, 12:11 AM
    By John Lee. The head of Iraq’s National Investment Commission (NIC) has said that the Iraqi provinces are “fertile lands for investment” and have natural and human resources that enable them of making any investment project succeed. Dr Sami al-Araji added that if capital is looking for a secure environment, then Iraq welcomes it under the umbrella of the investment law and a solid legislative environment. (Source: NIC) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • Investors Iraq News's Avatar
    03-20-2019, 12:11 AM
    By John Lee. US-based QSC has announced that GSL Professional will begin distributing QSC Systems and Live Sound portfolios in the GCC (Gulf Cooperation Council) region, including Iraq, beginning 1 July 2019. Ron Marchant, Senior Director Sales Management, QSC EMEASA, said: “As QSC continues to expand the Q-SYS Ecosystem and Live Sound portfolio and focus on specific vertical markets, we look forward to working with GSL Professional to provide new and existing customers the service and support needed in order to accelerate growth in the region.” Adrian Curtis, Managing Director, GSL Professional, said: “As QSC continues to become a force in the market, GSL is the ideal partner to provide the technical expertise and design consult to ensure customers understand the breadth of the QSC portfolio while helping them deliver real business outcomes.” (Source: QSC) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • Wolverine's Avatar
    03-19-2019, 05:15 PM
    616 replies | 38878 view(s)
  • Investors Iraq News's Avatar
    03-19-2019, 02:57 AM
    By John Lee. Iraq’s National Investment Commission (NIC) has hosted a workshop on investing in the tourism sector and hotels business in Iraq. The event was prepared in cooperation with the US Department of Commerce and the US Embassy in Baghdad, and was attended by the heads of the five-star hotels in Baghdad and other provinces. NIC Chairman Dr. Sami Al-Araji emphasised the importance of the tourism sector for the GDP of any country and especially in Iraq, which has religious shrines and archeological sites. (Source: NIC) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • Investors Iraq News's Avatar
    03-19-2019, 12:52 AM
    A U.S.-Iraq Security Partnership: Avoiding the Pitfalls Just AheadThe dust of last year’s final campaign to destroy the Islamic State “caliphate” had hardly settled before talk of expelling U.S. forces began to circulate in Iraq’s newly seated Council of Representatives (COR), according to a report from The Washington Institute for Near East Policy: “This percolating sentiment was unsurprising in a body that for the first time included substantial numbers of often deeply anti-American militia members. Yet it exploded into public view following White House moves that deeply agitated the hypersensitive strain of nationalism blooming within Iraq’s body politic. “When a subsequent bid to demand that U.S. forces depart gained fifty signatures in parliament, it raised the specter of 2011, when nationalist antipathy was a major factor in dooming a bilateral agreement to keep a small U.S. military presence in the country. “Whether that happens again depends on the near-term course of the COR’s nationalist sentiment, Iran’s ability to exploit that sentiment, and the tenor of Washington’s reaction.“ Click here to read the full report. (Source: Washington Institute for Near East Policy ) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • Investors Iraq News's Avatar
    03-19-2019, 12:52 AM
    By John Lee. A report from Bellingcat claims to have identified the source of a mysterious black sludge in Mosul Lake. Analysis of open source satellite images suggest a combination of oil waste water, caused by either oil dumping or flooding of polluted rivers by the winter rains. Click here to read the full report. (Source: Bellingcat) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • Investors Iraq News's Avatar
    03-18-2019, 04:31 PM
    The United Nations Development Programme (UNDP) is rehabilitating 15,000 houses in West Mosul, bringing the total number of houses in its stabilization portfolio to more than 30,000 – the largest of its kind in Iraq. The project in West Mosul covers 29 neighbourhoods that were hardest hit during the fight to liberate the city from the Islamic State, including the Old City where the militants declared their caliphate. It will enable 90,000 people to return home. “This rehabilitation project is a critical step for families wanting to settle back into their homes in Mosul after three years of turmoil and hardship,” says Head of UNDP’s Stabilization programme, Dr. Mohammed siddig Mudawi. “We know it works. Through our successful projects in Ramadi and Fallujah, as well as Bartella and Bashiqa in the Ninewa Plains, we’ve witnessed first-hand the transformative impact that our housing rehabilitation work has had on communities,” he adds. Priority for housing is given to the most vulnerable – female-headed households, households run by a minor, people living with a disability, and households where the breadwinner has not had employment in the last three years. Essential elements such as rebuilding and plastering walls, securing windows and doors, undertaking electrical work and restoring sanitation are incorporated into the rehabilitation, plus additional items for people living with a disability, such as ramps and seated toilets. Neighbourhoods were selected in consultation with the provincial government and Mayor’s office based on numbers of returnees and level of damage sustained. All housing repairs are agreed to by the homeowner and the local Muktar prior to commencement, and work is monitored by government-appointed committees. Rehabilitation of the first group of houses will be complete by end of March. The entire project is scheduled to be completed by November 2019. Approximately 800 stabilization projects have been completed or are underway by UNDP in Mosul, including restoring water and electricity networks, rebuilding educational institutions and healthcare facilities, and providing employment for locals to clear rubble from streets. Photos of the West Mosul housing project are available here to download. Contact Fay Daoud on the details below if you would like to use any photos. (Source: UNDP) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • Investors Iraq News's Avatar
    03-18-2019, 04:31 PM
    By John Lee. NIC Hosts Franchise Workshop which Aims to Expand the Activities of International Commercial Brands in IraqIraq’s National Investment Commission (NIC), in coordination with the US Department of Commerce and the US Embassy in Baghdad, has hosted a franchise granting workshop over four days for the Iraqi private sector to expand the activities of international commercial brands in Iraq. Dr. Sami Al-Araji, NIC Chairman, said in his opening speech that Iraq is on its way to opening up its services sector by providing support to the Iraqi private sector, adding that obtaining the licenses of international commercial brands can provide important economic revenues represented by the opening up of the big world companies towards Iraqi Market and creating many job opportunities all over Iraqi provinces. The US Counsel said that US franchisers are looking to Iraq as “a unique key market“. Ms. Mays al-Ebosy, the coordinator of the US Department of Commerce and the and the supervisor of the session, invited the attendees to open discussions to listen to the obstacles that face the Iraqi private sector. The second and third days of this workshop were dedicated to the provincial investment commissions (PICs) and promoting investment in provinces, while the fourth day focused on hotel investments to Iraq. (Source: NIC) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • Investors Iraq News's Avatar
    03-18-2019, 04:31 PM
    Basrah Museum Opens New Sumer, Assyria And Babylonia GalleriesThe official opening of three new galleries in the Basrah Museum on March 19th marks the completion of a project to refurbish all major exhibition space at the complex. It is a further important milestone in the creation of a major hub for the protection and celebration of the rich cultural heritage of Southern Iraq. The Sumer, Assyrian and Babylon Galleries will be opened by the end of March and will showcase objects tracing the history of Iraq from c. 3000 BCE to 550 BCE, including statues, cylinder seals, tablets, jewellery, statues, glassware and pottery from many eras from the Iraq Museum in Baghdad and from the Basrah Museum’s original collection. This is the first time that the majority of the exhibits have been on public display in Basrah. The project to open the new galleries is led by the Director of Antiquities and Heritage of Basrah Qahtan Al Abeed and supported by UK-based charity Friends of Basrah Museum. It includes training and development programmes in labelling, visitor services and museum techniques for staff and volunteers, as well as the creation of an education room for school parties and other young visitors. The opening will be a tribute to the efforts, dedication and scholarship of leading archaeologist and FOBM Trustee, Lamia Al Gailani Werr who died unexpectedly in Jordan in January this year. Lamia was an unstinting supporter of the Basrah Museum and shared her experience and wisdom generously with cultural heritage specialists in Basrah and Baghdad as the project evolved. This latest phase of the project was financed by the Cultural Protection Fund, managed by the British Council. It follows the opening of the Museum’s first gallery in 2016. The Basrah Gallery is devoted to the cultural heritage of the city and its environs. It was funded principally by a major grant from UK oil and gas company BP. A grant extension funding the final phase of the project has been awarded by the Cultural Protection Fund and will focus on the opening of a museum library at the complex for students and academics and members of the public. This phase is expected to be completed by the end of the year. (Source: Friends of Basrah Museum) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • Investors Iraq News's Avatar
    03-18-2019, 02:25 PM
    By John Lee. Baghdad has again been ranked as the city with the world’s worst quality of living, according to the Mercer 2019 Quality of Living Survey. Just ahead of it in the table of 231 cities are Bangui in the Central African Republic and Sana’a in Yemen. Vienna again retains the top spot; Zurich and Vancouver follow in second and third places, respectively. Mercer evaluates local living conditions according to 39 different factors. More information here. (Source: Mercer) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • Investors Iraq News's Avatar
    03-18-2019, 01:45 AM
    Source: Read the story here Post your commentary below.
    0 replies | 0 view(s)
  • Investors Iraq News's Avatar
    03-17-2019, 07:31 PM
    GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld’s Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments across the country. Please click here to download the latest report free of charge. For more information on how GardaWorld’s services can support your business in Iraq, please contact Daniel Matthews, Senior Director Iraq, at daniel.matthews@garda.com Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 0 view(s)
  • James's Avatar
    03-17-2019, 04:48 PM
    I assume since this was a form from Gulf Commercial that they are the ones requesting my ID. A few months ago I did the same for Baghdad soft Drinks. I remember those Warka Days... still have all my certificates, for what it was worth. Now everything is at Karmal with the exception of my Warka shares ( hopefully one day they can be transferred as well)
    2 replies | 162 view(s)
  • crazyfrank's Avatar
    03-17-2019, 04:32 PM
    James, is this the typical process for al Karmal each time there is a dividend? as one would assume if you already have gone through this process to open and have an existing account they would already have this information on file yes? as in the past with Warka ( long ago and far away now ) they would automatically post any such dividend into an account, with out asking for this documentation again each time.
    2 replies | 162 view(s)
  • James's Avatar
    03-17-2019, 12:48 PM
    Nice to see Al Karmal working hard for me..... Dear Sir, Good day ..... According to Gulf Commercial Bank request, and in order to deposit you dividend check of BGUC to your account with karmal you need the fowling process:- 1- Sign the attached authorization 2- Send a color copy of your passport 3- The both authorization and passport copy must be send to Gulf Commercial Bank mail address shown below and cc to Karmal brokerage mail
    2 replies | 162 view(s)
  • BatmaninIraq's Avatar
    03-15-2019, 10:33 PM
    Iqd coins is coming....
    1 replies | 214 view(s)
  • Wolverine's Avatar
    03-15-2019, 02:27 PM
    616 replies | 38878 view(s)
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